Property Management Software for New York City
Monty is the AI-first operating system for NYC residential management — built around the city's regulatory reality (FISP, LL97, LL152, HPD) and the operational tempo of a market where residents expect answers in minutes, not days.
Building stock
New York City has roughly 1.1 million residential buildings holding 3.7 million housing units. The mix is unlike anywhere else: ~6,000 cooperative corporations, ~9,000 condominium associations, ~1 million rent-stabilized units, plus the country's largest concentrations of Mitchell-Lama, HDFC co-op, and HUD-assisted housing. Roughly half of all multi-family stock predates 1960, which drives the operational weight of FISP, LL31 lead testing, and LL152 gas inspections.
Local operations
- Regulatory surface area. A mid-size NYC manager juggles FISP cycles, LL97 emissions reporting, LL152 four-year filings, LL31 lead testing, HPD registration, DOB violations, and DOF assessment cycles — often across hundreds of buildings simultaneously.
- Multilingual resident base. Roughly 40% of NYC residents speak a language other than English at home. Manual translation of notices and tickets is a real recurring cost.
- Board governance load. Boards meet monthly; managing agents prepare packets, minutes, and follow-ups for thousands of meetings a year across a portfolio.
Frequently asked questions
Does Monty handle Local Law 97 compliance tracking?
Keep approved due dates, documents, and work items with the building record. Emissions calculations, statutory limits, and filings require qualified specialists; confirm the tracking scope you need with Monty.
Can Monty manage FISP / Local Law 11 cycles?
Organize inspection documents, filing history, and due dates set with your qualified inspector. Monty supports tracking; it does not perform the examination or replace DOB filing and professional review.
Does Monty work across all five boroughs?
Yes. Monty is borough-agnostic — the same platform runs a 6-unit Bronx HDFC, a 300-unit Brooklyn condo, and a Manhattan prewar co-op. Configuration is per-property.
How does Monty support multilingual residents?
The resident assistant can help with building questions in multiple languages. Review important wording with your team; automatic staff-side translation of every message is not promised.
Is Monty appropriate for Mitchell-Lama and HDFC co-ops?
Building records, documents, and work items can support your team’s coordination. Review program-specific income, succession, and reporting requirements with qualified advisers and confirm the workflow scope with Monty.
Can Monty manage rent-stabilized buildings?
Unit records, payment history, and documents help organize rental operations. Confirm lease, registration, and renewal requirements with your managing agent and counsel; statutory calculations and filings are not implied.